Everyone has been talking about tiny homes and minimalism lately. Everything from new TV shows to documentaries are showing us all the clever, beautiful, and just plain weird ways people are living in houses the size of a single room. So, is this tiny home trend actually a possibility for you?

It’s not impossible – you simply have to evaluate where you are at in your life and whether or not the idea is going to fit your personality. To begin with, if you have a walk-in closet with new outfits for every day of the year, the idea might be more like a distant dream. Certain crafts and hobbies make these homes a bit less practical as well. However, there are many perks to living in a tiny home. Here are just a few of the reasons for living small:

Financial Benefits

A tiny home is the cheapest way to become a homeowner and escape the renters trap. This is not only due to their size, but also to the fact that the vast majority of these tiny homes are pre-fab and can be delivered to anywhere in the country. The ability to mass produce homes in a warehouse drives the price of an already inexpensive home down even further. Tiny homes enjoy huge savings beyond their initial price tag as well. The small size equals small utility bills since there is virtually no wasted space for inefficiency. Affordability and the ability to save money is the number one reason people jump on the tiny home band wagon.

Travel Opportunities

Many of the tiny homes that we see on TV, social media, and even documentaries are beautifully converted busses. Though there is a small band of nomads wandering around Europe and North America in these fantastic tiny homes on wheels, the dream of traveling in your permanent home is more complicated than it appears. It is obviously possible, but the specific group of people who pull it off are either freelancers who can make a steady paycheck online or influencers who are paid by sponsors to make their products look good while they are on the road.

If you fit into that niche then by all means, go live the dream – but what we really mean by travel is using the money you save by living in a tiny home for travel and experiences. Millennials in particular are notorious for passing on expensive homes and cars in exchange for travel and entertainment. It’s not a bad philosophy when you think about it. So, if you think extra income for travel is worth the tiny living space, then the tiny home might be right for you.

Environmental Concerns

One growing reason for the popularity of minimalism and the tiny house trend is a growing concern of the impact we have on the environment. As we mentioned before, tiny homes are very efficient – this means that they are helping the environment on a number of levels. For starters, not a single ounce of space in a tiny home is wasted, so heating, cooling, and lighting takes very little energy to begin with, but none of it is wasted ether.

Also, living in a tiny space forces you to have only the bare essentials. The reason this is eco-friendly is because every time you buy a shirt that you don’t wear or a kitchen appliance you use once and then put in a cupboard, never to be seen again, it creates waste. Tiny homes create tiny waste across the board which is good for the planet.

Is a Tiny Home Right for You?

One big thing to take into consideration is that the tiny home trend is great for a long list of reasons, but long-term living is not one of them. People usually live in small homes to break free of the constraints and financial obligations that all their stuff brings with it. Many times, starting a family will put an end to the joy of owning a tiny home simply because growing families need space. So, if a tiny home seems right for you, just remember that you will eventually want at least a cottage when your tiny home has served its purpose.

However, if you want to sell your home for a tiny home and use the extra cash to travel, we have a solution for you. We are Gulf State Homebuyers and we will buy your home for cash and close escrow in as little as 5 days so you can move into a tiny home right away!